inTest Corp (NYSE American: INTT) is an electronics test and process technology company that designs and sells thermal management, mechanical handling, induction heating, and functional test equipment used in semiconductor manufacturing and adjacent industrial markets. Revenue is transactional, generated by selling capital equipment and related services to semiconductor manufacturers, automotive and EV producers, defense and aerospace contractors, life sciences firms, and electronic manufacturing services providers. The company operates through two reported segments: Electronic Test, which includes InTest EMS, Acculogic, and Alfamation, and Environmental Technologies, which houses InTest Thermal Solutions (ITS) under the Temptronic, Sigma, Thermonics, and North Science brands, plus Ambrell and Videology. Incorporated in New Jersey in 1981, reincorporated in Delaware in 1997, and headquartered in Mount Laurel, New Jersey, inTest completed its IPO in June 1997. Manufacturing operations as of December 31, 2025 span facilities in New York, Massachusetts, New Jersey, Canada, and Italy, with additional sales and service presence in Germany and China.

Revenue model

Transactional capital equipment sales to industrial and semiconductor manufacturers, supplemented by application support services. Products are assembled primarily from standard components and custom-fabricated parts sourced from third-party suppliers and internal facilities.

Products and services

Electronic Test segment: ATE interface products, test head manipulators and docking hardware supporting semiconductor back-end test (InTest EMS); robotics-based electronic test equipment and application support services (Acculogic); functional test equipment for production quality control and product development in Auto/EV, life sciences, and consumer electronics (Alfamation, acquired March 2024 for approximately $21.9 million total purchase price). Environmental Technologies segment: ThermoStream temperature management systems capable of -100 degrees to +300 degrees Celsius control; MobileTemp thermal test systems combining ThermoStream products with ThermoChambers; Ambrell induction heating systems; Videology imaging products (consolidated during 2025).

Customers and end markets

End markets include semiconductor manufacturing (front-end wafer test and back-end packaged IC test), automotive and EV, consumer electronics, industrial, mobile communications, defense and aerospace, battery, life sciences, electronic manufacturing services, fiber optic, and oil field services. Customer concentration is flagged as a material risk; the filing states that loss of one or more largest customers could materially reduce revenue, but no specific customer names or concentration percentages are disclosed in the excerpts.

Value-chain role

Equipment supplier positioned between semiconductor and electronics manufacturers and their automated test equipment (ATE) platforms. Products interface with third-party ATE from various vendors, with compatibility across a wide variety of ATE cited as a core design principle for the Semi market product line.

Geographic exposure

Manufacturing in the United States (New York, Massachusetts, New Jersey), Canada, and Italy as of December 31, 2025. Sales and service operations in Canada, Germany, Italy, and China through Acculogic and Alfamation subsidiaries.

Source: SEC 10-K, filed 2026-03-12

Industry: Instruments For Meas & Testing of Electricity & Elec Signals Peers: AXT Inc Amtech Systems Inc Applied Materials Inc Atomera Inc CHUN CAN CAPITAL GROUP CVD Equipment Corp SunHydrogen Inc SCI Engineered Materials Inc Trio-Tech International